4.02% volatility in CoreCivic Inc (CXW) last month: This is a red flag warning

A new trading day began on Tuesday, with CoreCivic Inc (NYSE: CXW) stock price up 1.40% from the previous day of trading, before settling in for the closing price of $12.87. CXW’s price has ranged from $9.94 to $16.54 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 0.74%. Meanwhile, its annual earnings per share averaged -26.10%. With a float of $107.17 million, this company’s outstanding shares have now reached $112.73 million.

The extent of productivity of a business whose workforce counts for 11194 workers is very important to gauge. In terms of profitability, gross margin is 18.8%, operating margin of 11.62%, and the pretax margin is 4.73%.

CoreCivic Inc (CXW) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Security & Protection Services Industry. The insider ownership of CoreCivic Inc is 2.82%, while institutional ownership is 89.14%. The most recent insider transaction that took place on Aug 14 ’24, was worth 192,450. In this transaction EVP, Chief Development Officer of this company sold 15,000 shares at a rate of $12.83, taking the stock ownership to the 153,380 shares. Before that another transaction happened on Aug 14 ’24, when Company’s President & CEO sold 31,996 for $12.50, making the entire transaction worth $399,950. This insider now owns 788,266 shares in total.

CoreCivic Inc (CXW) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -26.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -15.16% drop over the previous five years of trading.

CoreCivic Inc (NYSE: CXW) Trading Performance Indicators

Here are CoreCivic Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 8.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.61, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.54 in one year’s time.

Technical Analysis of CoreCivic Inc (CXW)

The latest stats from [CoreCivic Inc, CXW] show that its last 5-days average volume of 0.99 million was superior to 0.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.28%. Additionally, its Average True Range was 0.54.

During the past 100 days, CoreCivic Inc’s (CXW) raw stochastic average was set at 39.83%, which indicates a significant decrease from 58.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.70% in the past 14 days, which was lower than the 49.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.06, while its 200-day Moving Average is $14.29. Now, the first resistance to watch is $13.39. This is followed by the second major resistance level at $13.74. The third major resistance level sits at $14.25. If the price goes on to break the first support level at $12.54, it is likely to go to the next support level at $12.03. Assuming the price breaks the second support level, the third support level stands at $11.68.

CoreCivic Inc (NYSE: CXW) Key Stats

With a market capitalization of 1.44 billion, the company has a total of 111,257K Shares Outstanding. Currently, annual sales are 1,897 M while annual income is 67,590 K. The company’s previous quarter sales were 490,110 K while its latest quarter income was 18,950 K.